Fulfilling tax obligations is a key aspect of managing your business. In this regard, we want to remind you that the deadline to pay the Education and Culture Tax Stamp (TEC) is March 31. What is the TEC and who must pay it? The TEC is an annual tax that must be paid...
The period for declaring and paying the Income Tax for the 2024 fiscal year is open from January 1 to March 15, 2025. This tax is essential for fulfilling the fiscal obligations of both individuals and companies in Costa Rica. Below, we provide a complete guide to...
The 2024 Global Retirement Index (IGR) by International Living has ranked Costa Rica as the best country in the world for retirement. Its combination of warm climate, high quality of life, and the “Pura Vida” spirit attracts more retirees every year. From its...
Avoid penalties and comply on time In Costa Rica, all commercial companies and subsidiaries of foreign companies are required to pay the Education and Culture Stamp (TEC), an annual tax aimed at financing activities related to education and culture in the country....
Managing real estate in Costa Rica comes with important responsibilities that ensure legal compliance and strengthen municipal resources. The declaration and payment of Property Tax are essential steps for any property owner. In this article, we explain clearly and...
The Solidarity Tax, commonly known as the “Luxury Homes Tax,” is a levy that applies to properties with a construction value exceeding ₡145 million. This tax, in effect in Costa Rica, must be declared and paid between January 1st and January 15th. If you...
